08 January 2020

Stocks and Precious Metals Charts - Schlock and Awe - Hubris That Knows No Bounds

"It is a far, far better thing to have a firm anchor in nonsense than to put out on the troubled seas of thought."

John Kenneth Galbraith

“There are two ways to be fooled. One is to believe what isn't true; the other is to refuse to believe what is true.”

Søren Kierkegaard

"Nemesis, the goddess of retribution and vengeance, the punisher of pride and hubris, waits impatiently for her meeting with us."

Chalmers Johnson

If you ever wondered why the US encouraged and fostered the growth and maintenance of the Wall Street Banks, despite their corrupt and criminal excesses, now you know. They are the new dreadnoughts of global capitalism and financial warfare.

I don't want to appear gloomy or to waste time restating the obvious.

So I will only say that we have a long, difficult road ahead of us.

Have a pleasant evening.